Summary:

By 2047, it is anticipated that India's tourist and hospitality sector would have grown significantly, adding about 100 million new direct jobs. The Federation of Associations in Indian Tourism and Hospitality (FAITH) estimates that the industry may boost the economy by Rs. 284.13 lakh crore (US$3 trillion) per year, with foreign exchange profits potentially reaching Rs. 42.62 lakh crore (US$450 billion). Puneet Chhatwal stressed the importance of using more effective international marketing and promotions to draw in more foreign visitors. India can use its rich cultural, spiritual, and natural history to achieve sustainable year-round tourist growth with the support of government-led destination development and improved infrastructure, such as airports, highways, and rail links.

Source: IBEF

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